RESOLUTION  NO. 2005-28

WHEREAS the Town of Taos has adopted its operating budget for the fiscal year ending June 30, 2005 and,

WHEREAS the governing body of the Town of Taos, meeting in Special Session this 15^th day of June, 2005 wishes to adjust its operating budget for the fiscal year ending June 30, 2005.

NOW, THEREFORE be it resolved that the governing body of the Town of Taos, meeting in Special Session this 15^th day of June, 2005, adopts this budget adjustment and respectfully requests approval from the Local Government Division of the Department of Finance and Administration to effect this budget adjustment.

                                                                                                                               Amount

Local Government Correction Fund (25)

Revenues and Other Sources:

            Unreserved Fund Balance                                $    20,000.00

            Local Correction Fees                           1,277.00

            Judical Training Fee                                      76.00

                                Sub-Total  $   21,353.00

Expenditures and other Financing Uses:

               Operating Expenses $    21,353.00

(To adjust the Local Government Correction Fund, this Budget Adjustment Request will transfer from revenues and unreserved fund balance to cover final expenditures through the end of the fiscal year.)

Communications Funds  (34)

Expenditures and other Financing Uses:

            Operating Expenses -                                                                                ($  8,261.00)

            Capital Expenses -                                                                                     $  8,261.00

                                Sub-Total      $       0 .00

(To adjust the Communications Fund, this Budget Adjustment Request will transfer from operating to capital for emergency purchase of a base station .)

General Fund (11)

Revenues and Other Sources:

            Unreserved Fund Balance                    $   12,000.00

Expenditures and other Financing Uses:

               Interfund Transfer Out            $   12,000.00

(To adjust the General Fund, this Budget Adjustment Request increase the transfer out to cover a new capital project.)

Capital Projects Fund (51)

Revenues and Other Sources:

            Interfund Transfer In            $   12,000.00

Expenditures and other Financing Uses:

            Capital            $   12,000.00

(To adjust the Capital Fund, this Budget Adjustment Request increase the transfer in to cover a new capital project scoreboard and sound system for the little league field.)

TOWN OF TAOS:  Bobby F. Duran, Mayor

ATTEST:  Tamara Trujillo, Town Clerk